Quarterly ResultAug 7, 2026, 09:07 AM
Johnson Outdoors Q3 Sales Up 5% to $189.7M; Net Income $14.9M, EPS $1.42
AI Summary
Johnson Outdoors Inc. reported strong fiscal third-quarter results, with total company net sales increasing 5% to $189.7 million. Net income surged 93% to $14.9 million, or $1.42 per diluted share, significantly boosted by approximately $15 million in tariff refunds. Gross margin improved to 45.3%, while operating expenses also increased due to higher sales volume and variable compensation costs. The company saw strength in its Fishing and Diving segments, though Camping & Watercraft Recreation sales declined.
Key Highlights
- Total Company net sales increased 5% to $189.7 million in Q3 2026.
- Net income rose 93% to $14.9 million, or $1.42 per diluted share.
- Gross margin improved to 45.3% from 37.6% in the prior year, including $15 million in tariff refunds.
- Operating income for the quarter was $18.3 million, up from $7.3 million year-over-year.
- Fishing revenue increased 7%, and Diving sales increased 10%.
- Camping & Watercraft Recreation sales declined 13%.
- Cash and short-term investments stood at $175.2 million as of July 3, 2026.
Price Impact
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